634-2008 – Financial Accounting I (FU I)

Gurantor departmentDepartment of Economics and Management in Industry
Subject guarantorprof. Ing. Jana Buchtová, CSc.
Study levelundergraduate or graduate
Subject version
Version codeYear of introductionYear of cancellationCredits
634-2008/01 2014/2015 6
634-2008/02 2014/2015 6

Subject aims expressed by acquired skills and competences

The student will know the basics of double-entry accounting system for enterpise. He can read the financial statements - balance sheet and profit and loss statement.

Teaching methods



The Financial Accounting I. is teaching the students the basics of double-entry bookkeeping, i.e. to understand the balancing principle, the structure of balance-sheet and profit and loss account, the basic entries accounting and generally accepted accounting principles.

Compulsory literature:

[1] BAKER, R.E., LEMBKE, V.C., KING, T.S., JEFFREY, C.: Advanced Financial Accounting, McGraw-Hill/Irwin, 2007.

Recommended literature:

[1] LARSON, K.D., MILLER, P.B.W.: Financial Accounting, Irwin 1995. [2] ROBERTS, C., WEETMAN, P., GORDON, P.: International Financial Accounting: A Comparative Approach, Pearson Education, 2002. [3] International Financial Reporting Standards (IAS/IFRS).


Subject codeAbbreviationTitleRequirement
634-2004 EP Economics of an Enterprise Compulsory


Subject has no co-requisities.